Olive Christopher D. 4

What Happened

• Christopher D. Olive, Chief Legal Officer of Phunware, surrendered 258 shares on April 2, 2026 to satisfy tax withholding obligations tied to an equity award. The filing shows a weighted average price of $1.75 per share for the disposed shares, with total proceeds/withheld value of about $451. This is a tax-withholding disposition (routine), not a purchase.

Key Details

• Transaction date: 2026-04-02; Filing date: 2026-04-03 (timely).
• Reported price: weighted average $1.75; actual sale prices ranged $1.7301–$1.75 (multiple transactions).
• Shares surrendered: 258 (disposed to cover taxes under the Issuer's 2018 Equity Incentive Plan).
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes: F1 confirms shares were surrendered for tax withholding under the 2018 Equity Incentive Plan; F2 explains the weighted-average price and that sales occurred in multiple transactions (details available on request).
• Transaction code: F (payment of exercise price or tax liability).

Context

• This was a cashless/withholding-type disposition to cover taxes from an equity award — a common, administrative action that generally does not indicate a change in the insider’s view of the company.
• The dollar value is small (~$451), indicating a routine tax-related withholding rather than a material sale.